Question: Which of the following statements about the basic EOQ model is True? a. If the ordering cost were to double, the EOQ would also double,

Which of the following statements about the basic EOQ model is True?

a. If the ordering cost were to double, the EOQ would also double,

b. If the annual demand were to triple, the EOQ would double

c. If the carrying cost were to increase, the EOQ would double

d. If the annual demand were to double, the reorder point would decrease

e. All of the statements above are incorrect

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